NEW DELHI: In a deepening rift between InterGlobe Aviation promoters, Rakesh Gangwal has said there are “serious unresolved issues” and opposed expanding the board, just weeks ahead of the company’s annual shareholders’ meet.
Amid the continuing feud with co-promoter Rahul Bhatia, Gangwal has shot off a letter to InterGlobe Aviation’s board flagging concerns about certain proposals put forward in the notice for the Annual General Meeting (AGM), scheduled for August 27.
Markets regulator Sebi has sought comments from the company — parent of the country’s largest airline IndiGo — on the latest letter.
